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illustrate a multiple comparison model where both fixed and random effects approaches to the permanent subject effect may be relevant, consider data from Horrace and Schmidt (2000) applied to loglinear production functions.

In Example 11.6 (Indonesian rice farm data) assess gain from introducing AR1 errors (in addition to unstructured errors) in both random and fixed effects bi models. Also find the posterior probabilities that farms 1 to 171 are the best – in terms of having highest bi after allowing for inputs. Which farm has the highest probability of … Read more

compare a 5-point discrete mixture on the log-logistic shape parameter with the variable scale model to downweight aberrant cases, namely ui ∼ L(ηi, 1/(κθi)) where θi are gamma with mean 1, and ui = log(ti).

In Example 13.2 compare a 5-point discrete mixture on the log-logistic shape parameter with the variable scale model to downweight aberrant cases, namely ui ∼ L(ηi, 1/(κθi)) where θi are gamma with mean 1, and ui = log(ti). Commuter delay in work-to-home trips Washington et al. (2003) consider the durations of delay in work-to-home trips for 96 Seattle … Read more

Select biologically relevant information to use as vertex labels. What labels did you choose and why?

Project: Section 1.3 focuses on using unlabeled, unrooted trees to model RNA secondary structure. However, rooted and/or labeled trees can also be used to model important aspects of RNA secondary structure. Explore this idea and how it affects the estimates of the number of possible RNA secondary structure techniques. As part of this exploration, consider … Read more

Does Pedro have a valid contract with Andres and he entitled to the boat? Explain with reference to all the elements of a valid contract.

Are ‘law’ and ‘justice’ one and the same thing? Discuss. (300 words maximum) Question 2 [from Week 2, 11 marks] While jogging around his suburb one morning, Pedro sees a speedboat parked outside a house. There is a sign posted on the boat’s windshield saying: “For sale $9,000, Text Andres on 0409876543. Direct buyers only!” … Read more

Discuss the issues relating to fair presentation and compliance with International Financial Reporting Standards.

:“Financial statements should fairly present the financial position, financial performance and cash flows of an entity. The application of IFRSs, with additional disclosure when necessary, is presumed to result, in financial statements that achieve a fair presentation.”   Required: “Discuss the issues relating to fair presentation and compliance with International Financial Reporting Standards. Your answer … Read more

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